32, RECTORY LANE, NORTH RUNCTON, KING'S LYNN, PE33 0QS - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 RECTORY LANE is a very large detached house of 488m², built in 2023, which could now be worth an estimated £367,260. It was last sold for £325,000 in May 2021, which was about the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was B.

32 RECTORY LANE Sold Prices

Land registry data shows two sales for 32 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 MAY	£325,000	£324,522	Close to HPI
2020 21 JAN	£300,000	£300,298	Close to HPI

32 RECTORY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 32 RECTORY LANE sales from January 2020 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2020 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the May 2021 sale, which was also at roughly the same level as the HPI.

What might 32 RECTORY LANE be worth now?

32 RECTORY LANE might now be worth an estimated £367,260.

This is based on house price inflation of 13%, between May 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 32 RECTORY LANE of £325,000 on 12th May 2021. For the value to have increased from £325,000 to £367,260 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 32 RECTORY LANE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 32 RECTORY LANE has not materially changed since May 2021.

How Large is 32 RECTORY LANE?

32 RECTORY LANE is 488m² according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Runcton, and where 32 RECTORY LANE lies on this distribution: More than 99% of detached houses houses are smaller than 32 RECTORY LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

32 RECTORY LANE: Plot and Title Map

32 RECTORY LANE sits on a plot of roughly 0.398 of an acre, or 1,609m². The below map shows the location of 32 RECTORY LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 RECTORY LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 32 RECTORY LANE?

32 RECTORY LANE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 32 on RECTORY LANE.